City Of Norwich: Notice Of Passage Of Ordinance #1802

Norwich CT

06 August, 2021

10:51 AM

Description

Press release from the City of Norwich: August 5, 2021 Ordinance appropriates $145,000,000 to fund all or portion of City Employee's Retirement Plan. AN ORDINANCE APPROPRIATING $145,000,000 TO FUND ALL OR A PORTION OF THE UNFUNDED ACTUARIAL ACCRUED LIABILITY OF THE CITY'S EMPLOYEES' RETIREMENT PLAN AND AUTHORIZING THE ISSUANCE OF GENERAL OBLIGATION PENSION BONDS OF THE CITY TO MEET SAID  APPROPRIATION                                                                          City and Town Clerk This press release was produced by the City of Norwich. The views expressed here are the author's own.